Ace has said that he is a few hundred grand in debt. He's old and decrepit now but he still keeps touring because he has no choice. It's sad, but he has no one to blame but himself. He made millions with Kiss, if he were responsible he wouldn't have blown through it all.
Exactly! Paul Stanley still has his money from the band and other projects. Even Peter Criss (who the band tried taking his song royalties from) is not in the same hole as Ace. Just goes to show what my mom and my dad always told me : put aside some money for a "rainy day" - don't spend it all at once when you get it.
THANK YOU, ACE FREHLEY!! Ace played an outdoor concert in my small hometown of Whitesburg, Ky. He was delayed 2 hours by a horrible rain storm, then it turned freezing, but he played anyway! While watching the concert i could turn around & see the Hospital room i was born in lol.
Have to wonder about guys like Ace Frely (spelling) of Kiss. He got paid 18 for three tours and yet couldn't afford an 800K home. What do some of these guys do with their money.
Steve Lukather is worth 90 million and Steve Porcaro and David Paich are both worth 40 million, so it's ridiculous to include Toto in this video just because of past litigation.
Because Trump has his own (leased to his company) jet and former presidents don't travel on their own passport. He might be "broke" but has not "owed" the government in recent years.
Then there’s Jimmy Buffet who became a billionaire off the one cult status song he did in the 70s: _Margaritaville_ . Probably the best ROI on a song of all time. More than the ROI of any Beatles song. Perhaps, the only artist who has a better ROI on a song could be Michael Jackson for _Billie Jean_ or _Beat it_ . And that’s a hard maybe.
Jimmy has had a large cult following the past 45 years, aka the Parrotheads. Very similar to Grateful Dead Deadheads, but with Hawaiian shirts and fruity boat drinks. Whatever Jimmy released would sell and fans traveled everywhere to see him. He was set for life.
Jimmy had millions not only "from one song", he kept making records and they contributed to his millions of dollars. Buffett also made lots of money from the Margaritaville restaurants and resorts.
Amazing how many of these stars (and athletes too) go broke not because of lack of talent or work but due to lack of common sense. I have zero sympathy for someone who makes millions and loses it because they are stupid. The title should continue as "'...than you realized or because they are stupid."☺
Ace isn't just broke, he still owes lots of money. Peter *is* poor, but not as deep in debt (because no one would give him "financing" and because he had to fight with KISS for his song royalties).
its called propensity to spend. take some economic courses. people get money the learn to spend. money stop coming in, the spend what left til its gone. ask Mike Tyson.
when the HELL are ethical people in the music aka entertainment bizznizz (maybe there are none) going to vett and promote RELIABLE ACCOUNTANTS and prompt and suggest to the 'up and coming' set to CONSULT with only these APPROVED professionals.
WTH, why did you not mention Randy Travis being a drunk and getting caught naked in a DUI incident. If you’re gonna do a video like this.TELL TRUTHS N FACTS
Which name are you most surprised to see on this list?
Randy Travis.
Sly Stone. His back catalog is large and his songs have been widely sampled. He should have never signed away his royalties.
“Conventionally attractive”? “Unhoused”?
Can’t hit the don’t recommend channel button fast enough.
none
Ace has said that he is a few hundred grand in debt. He's old and decrepit now but he still keeps touring because he has no choice. It's sad, but he has no one to blame but himself. He made millions with Kiss, if he were responsible he wouldn't have blown through it all.
Exactly! Paul Stanley still has his money from the band and other projects. Even Peter Criss (who the band tried taking his song royalties from) is not in the same hole as Ace.
Just goes to show what my mom and my dad always told me : put aside some money for a "rainy day" - don't spend it all at once when you get it.
THANK YOU, ACE FREHLEY!!
Ace played an outdoor concert in my small hometown of Whitesburg, Ky.
He was delayed 2 hours by a horrible rain storm, then it turned freezing, but he played anyway!
While watching the concert i could turn around & see the Hospital room i was born in lol.
@@dr.awkward9075 My Momma is from Whitesburg
Have to wonder about guys like Ace Frely (spelling) of Kiss. He got paid 18 for three tours and yet couldn't afford an 800K home. What do some of these guys do with their money.
Good question
Hoover it.
"Did a self audit and discovered large sums of money missing" Scott Stapp 😂😂😂😂😂
Drugs are a hella thing
My ex ran through 8 million in only 11 years. Budgeting people, budgeting!
I'm poorer than you think! Am I supposed to feel sympathy here?
Steve Lukather is worth 90 million and Steve Porcaro and David Paich are both worth 40 million, so it's ridiculous to include Toto in this video just because of past litigation.
Wow! There is a lot of sharp practice our there.
yes, the costs of your album, videos and tour come out of the millions of dollars the record label loans you... duh
Well, if $50,000 is the limit for a no-fly: why is Donald Trump allowed to leave? His arse is BROKE AF.
Because Trump has his own (leased to his company) jet and former presidents don't travel on their own passport. He might be "broke" but has not "owed" the government in recent years.
@@Williestyle-RobotechxMacross-x you mean stole
well said
👀 TOTO: Hydra! 🐍
Then there’s Jimmy Buffet who became a billionaire off the one cult status song he did in the 70s: _Margaritaville_ .
Probably the best ROI on a song of all time. More than the ROI of any Beatles song.
Perhaps, the only artist who has a better ROI on a song could be Michael Jackson for _Billie Jean_ or _Beat it_ . And that’s a hard maybe.
Well he also was smart with his money
Jimmy has had a large cult following the past 45 years, aka the Parrotheads. Very similar to Grateful Dead Deadheads, but with Hawaiian shirts and fruity boat drinks. Whatever Jimmy released would sell and fans traveled everywhere to see him. He was set for life.
Jimmy had millions not only "from one song", he kept making records and they contributed to his millions of dollars. Buffett also made lots of money from the Margaritaville restaurants and resorts.
It’s sad that they let themselves lose it all
I believe Frehley ( Fray- lee) makes money when his copyrighted image/ costume replacement in KISS go on tour.
Yes, Ace makes money from his likeness and song "rights" - but he owes so much money that those funds aren't enough.
Randy travis drugs tell the truth
He struggled with alcoholism for years too. Iirc he was arrested at least twice. Once while naked and drunk after a car accident.
All have one thing in common: Poor judgment!
U really act like u are an angel we all made questionable decisions
I use to love Ace Frehely!! I thought he was hot in elementary school. Then he took the makeup off. Regardless, I enjoyed this upload.
He WAS hot in elementary school...but shortly after puberty and starting high school he really lost his looks remained generally unattractive.
Numbero Uno.
Amazing how many of these stars (and athletes too) go broke not because of lack of talent or work but due to lack of common sense. I have zero sympathy for someone who makes millions and loses it because they are stupid. The title should continue as "'...than you realized or because they are stupid."☺
I have serious doubt Ace is poor. Peter Chris maybe
Ace isn't just broke, he still owes lots of money. Peter *is* poor, but not as deep in debt (because no one would give him "financing" and because he had to fight with KISS for his song royalties).
People go broke from living beyond their means. Going to Vegas, buying hookers and blow, blowing money on gambling... Dont give these people ADVANCES!
ACE Frehley isn't broke. He's worth over $35,000,000
According to who? They have been notorious liars for decades
I ❤ Ace
@LaurieValdez-j6n Me too. Saw him the first time in January, 1976 in Detroit. He's awesome
Actually he is very broke
BS. He's publicly stated that he's hundreds of grand in debt, look up his comments if you don't believe me.
its called propensity to spend. take some economic courses. people get money the learn to spend. money stop coming in, the spend what left til its gone. ask Mike Tyson.
when the HELL are ethical people in the music aka entertainment bizznizz (maybe there are none) going to vett and promote RELIABLE ACCOUNTANTS and prompt and suggest to the 'up and coming' set to CONSULT with only these APPROVED professionals.
Is this an AI voice? If not, why didn’t he research the correct pronunciation of these names? God I hate these poorly produced videos.
It is ai
agreed. Pure shite.
Sigur Rose???
Being broke is a real tip term for some people in this list I think having $5 million in the bank is broke
At least Ace has his musical integrity unlike those other two guys.
WTH, why did you not mention Randy Travis being a drunk and getting caught naked in a DUI incident. If you’re gonna do a video like this.TELL TRUTHS N FACTS